(1) In this section
—
relevant period means a financial year or another
period referred to in section 47ZE(2)(a).
(2) If the Coordinator
gives the Minister a draft business plan in relation to a relevant period
under section 47ZE or subsection (3), the Minister may, by written notice
—
(a)
approve the draft business plan; or
(b)
direct the Coordinator to, within the period specified in the notice —
(i)
take specified steps in relation to the draft business
plan or make specified modifications to the draft business plan; and
(ii)
submit a revised draft business plan.
(3) The Coordinator
must comply with a direction under subsection (2)(b) as soon as is practicable
and in any event within the period specified in the notice.
(4) A draft business
plan in relation to a relevant period that has been approved under subsection
(2)(a) is the business plan for that period.
(5) If the Minister
has not approved a draft business plan in relation to a relevant period before
the start of that period, the business plan for that period is, until a
business plan is approved for the period, the business plan for the previous
relevant period with any modifications determined by the Minister.
[Section 47ZF inserted: No. 5 of 2019 s. 6.]